1. Use the given income statement and two-year balance sheets to draft the cash flow statement.
2. 

Balance Sheet As of December 31, 2021 Qrrent Assets Cash and cash equivalents Account Receivables Allowance for Doubtful accounts Inventories Pre-paid expenses \& other current assets Non-current/ Fixed/ Long-term assets Buildings \& equipment Vehicles Accumulated depreciation Land Other non-current assets Total Assets Qurrent Liabilities Accounts payable Notes payable Interest payable Accruals Other current liabilities Non-current/ long-term liabilities Notes payable Long-term bonds Total liabilities Equity Common stock Retained earnings Total Equity Total Liabilities and Equity 2021 2020 $ 11,296$ 14,862 4,315 3,579 (65) (65) Your Company Income Statememt For the Year Ending on December 31, 2021 Balance Sheet As of December 31, 2021 Qrrent Assets Cash and cash equivalents Account Receivables Allowance for Doubtful accounts Inventories Pre-paid expenses \& other current assets Non-current/ Fixed/ Long-term assets Buildings \& equipment Vehicles Accumulated depreciation Land Other non-current assets Total Assets Qurrent Liabilities Accounts payable Notes payable Interest payable Accruals Other current liabilities Non-current/ long-term liabilities Notes payable Long-term bonds Total liabilities Equity Common stock Retained earnings Total Equity Total Liabilities and Equity 2021 2020 $ 11,296$ 14,862 4,315 3,579 (65) (65) Your Company Income Statememt For the Year Ending on December 31, 2021